Bertelsmann is a German private multinational conglomerate corporation based in Gutersloh, North Rhine-Westphalia, Germany.
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Bertelsmann is a German private multinational conglomerate corporation based in Gutersloh, North Rhine-Westphalia, Germany.
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Bertelsmann was founded as a publishing house by Carl Bertelsmann in 1835.
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Bertelsmann is an unlisted and capital market-oriented company, which remains primarily controlled by the Mohn family.
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Carl Bertelsmann was a representative of the "Minden-Ravensberger Erweckungsbewegung", a Protestant revival movement, whose writings he published.
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In 1959, the C Bertelsmann Verlag was restructured: From that point on, theological literature was published in the Gutersloher Verlagshaus, a new publishing house which was consolidated with the Rufer Verlag.
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The C Bertelsmann Verlag focused on nonfiction books, in particular dictionaries, guidebooks, reference books and journals.
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In 1964, Bertelsmann purchased the already broken-up UFA from the Deutsche Bank and built on its presence in cinema and television.
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In 1969, Bertelsmann acquired shares in the magazine publisher Gruner + Jahr.
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Bertelsmann encountered new regulatory rules in its home market, in particular through laws governing mergers.
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Under the leadership of Mark Wossner, Bertelsmann took a stake in RTL plus, the first private TV broadcaster in Germany.
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In 1986, Bertelsmann acquired a majority in RCA Records and merged its activities in the music market with the new Bertelsmann Music Group.
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In 1994, Gruner + Jahr acquired the magazines of The New York Times, whereby Bertelsmann was able to expand its presence in foreign markets.
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In March 1998, Bertelsmann sold its video game publisher, BMG Interactive, to Take-Two Interactive in exchange for 16 percent of Take Two's stock.
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In 1999, Bertelsmann acquired the publisher Springer Science+Business Media, which, among other things, was the market leader for mathematics and physics.
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Bertelsmann initially owned a minority in the company, and gradually built up its share.
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Later, Bertelsmann secured the majority of the shares in RTL through a share swap with the Groupe Bruxelles Lambert, which as a result owned 25.
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Bertelsmann faced several claims for damages by the music industry.
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Bertelsmann sold its shares of the record label Sony BMG, and since then the company has operated under the name of Sony Music Entertainment.
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In 2008, Bertelsmann acquired the rights to the Brockhaus Encyclopedia, and from that time on, this reference work was published by the Wissen Media Verlag.
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In 2012, Bertelsmann went from being an AG to its current incorporation as a partnership limited by shares, with the general partner being a European stock corporation .
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In 2013, Bertelsmann floated part of its shares in the RTL Group on the stock exchange, in order to finance additional growth from the proceeds of the sale.
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Furthermore, under the leadership of Thomas Rabe, Bertelsmann increasingly invested in the education sector: In 2014, for example, Relias Learning was acquired.
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Bertelsmann belongs to the Bertelsmann Education Group, established in 2015.
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The Club Bertelsmann was wound up, and individual distribution partners are taking legal action against it.
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In 2017, Bertelsmann undertook moves to further strengthen its core business, among other things increasing its share in Penguin Random House from 53 to 75 percent.
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Bertelsmann weighed its strategic options for the Customer Relationship Management business, and in 2018 established a CRM company in cooperation with the Saham Group: The new company, Majorel, enjoys a leading market position in Europe, the Middle East and Africa.
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Bertelsmann has promoted stronger cooperation among its corporate divisions and has opened up towards collaboration with other media houses.
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In 2019, Bertelsmann boosted cooperation in the German content market by establishing the Content Alliance, headed up by Julia Jakel.
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In December 2020, Bertelsmann entered talks to sell the French magazine publisher Prisma Media, a division of Gruner + Jahr, to Vivendi.
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In January 2021, Bertelsmann began to explore selling its controlling stake in the French television channel M6.
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In January 1997, Bertelsmann merged the UFA film and television company with Compagnie Luxembourgeoise de Telediffusion .
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Bertelsmann is listed on the stock exchange and has been majority-owned by Bertelsmann since 2001.
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Bertelsmann was created in 2013 through the merger of the publishing businesses of Bertelsmann and Pearson.
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At that time, the print and industry sectors at Bertelsmann were restructured, whereby services received a higher priority than the print and machinery sector back then.
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Since the 1950s, Bertelsmann has been an active service provider, delivering books for other publishing companies, for example.
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In January 2016, Bertelsmann bundled its printing activities in digital, offset and gravure in the Bertelsmann Printing Group.
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Bertelsmann Printing Group includes not only GGP Media, Mohn Media, Prinovis, Sonopress, Vogel Druck and several other companies, but Be Printers.
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Bertelsmann Investments holds equity positions in a total of over 100 startup companies, almost all from the digital economy.
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From 1971 to 2012, Bertelsmann was a joint stock company under German law .
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Today, Bertelsmann is a company active in capital markets, issuing bonds, for example.
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In 2012, Bertelsmann created the additional so-called Group Management Committee, in order to advise the executive board in important matters.
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In 1992, Bertelsmann purchased the Bertelsmann Building in New York City and located its North American headquarters there.
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Bertelsmann has already been involved in China since 1992, and today all divisions are represented there.
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In India, Bertelsmann is focused on growth in the e-commerce sector, among others.
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